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this morning, i'm guessing. >>> people in india are getting the keys to the cheapest car in the world. how i remember this. what does it mean for the u.s. auto industry. clark howard breaks down how the new car might help your wallet in the future. >> the nano car, the world's cheapest automobile is now in people's driveways in india. this car you can buy in india for $2500. that's right a full four-door car seats four people you like a fifth you don't, is now available and selling like crazy. you may wonder, why am i telling you about a car that's only available in india? big news, this car just passed the european union safety and crash test, a car somewhat similar to ours and europeans are already buzzing they're going to be able to buy a car, even with the modifications for european will end up being somewhere around $3500. what about us? i want you to know, for us, this is a clear trend that we are going to see, in the next few years, cars cheaper than you ever imagined, about the price of a motorcycle. i'm clark howard. for more ways to save, go to cnn do cn cnn.come/clarkhoward. >> cl
now in india. people say this is totally outrageous. but some are saying perhaps it's a bit cynical, but was some of this drummed up to promote his new documentary? so what do you think? i think i'll go with the basic package. good choice. only meineke lets you choose the brake service that's right for you. and save 50% on pads and shoes. meineke. >>> welcome back to the most news in the morning. milwaukee's mayor is home from the hospital this morning. tom barrett was admitted over the weekend after being attacked at the state fair by a length of steel pipe. it happened when the mayor came to the aid of a woman screaming for help. he suffered a fractured hand along with cuts and bruises. >>> the wife of south carolina governor mark sanford is opening up in the latest issue of "vogue." she's willing to forgive her husband after he confessed with an extra-marital affair with an argentinian woman but the ball is in his court if he wants to save her marriage. she never thought her husband would do anything like that because the person she married was, quote, centered on a core of moral
of infections and deaths from the flu strain continues to grow. now, india is reporting its first h1n1-related deaths. the country of more than 1 billion people is steering -- fearing a possible surge in cases with its normal full season are arriving at the same time as asian monsoon season. >> in india, people offering prayer is, holding a fire ritual, asking for protection against the worldwide pandemic. this young boy says, "we want to eradicate this one slip from our country. we praise the almighty that no child or human gets affected by the swine flu." panic is spreading, too. those call center is you get when you fill your bank could be affected. contingency plans are being put in place in the event h1n1 cripple's back offices. india's most famous industry -- bollywood -- has already been hit. two movies have had to postpone shoots. the who nasa's ever caught in has reported cases of h1n1. the most recent report reports of a 10,000 deaths in the period over 98,000 cases in the americas. the who estimates that h1n1 could eventually affect 2 billion people across the globe. they say it is
. wouldn't that be nice. >>> okay. people in india are getting the keys to the cheapest car in the world, but what does it mean for the u.s. ando industry? hln money expert clark howard breaks down how the new car might help your wallet in the future. >> the nano car, the world's cheapest automobile, is now in people's drivesways in india. this car that you can buy in india for $2,500, that's right, a full four-door car seats four people, if you like a fifth you don't, it's now available and selling like crazy and be may wonder why am i telling but a car only available in india? well, big news. this car just passed the european union safety and crash test which are somewhat similar to ours, and europeans are already buzzing that they are going to be able to buy a car that even with the modifications for europe will end up being somewhere around $3,500. what about us? well, i want you to know for us this is a clear trend we are going to see in the next few years, cars cheaper than you ever imagined, about the price of a motorcycle. i am clark howard. for more ways to save, go to cnn.com/c
figures. outlook for the emerging markets, especially for india, that was very reassuring to investors. but holcim says it doesn't see a recovery before next year. are a part from that, we're watching ubs after the swiss government says said it will sell its ruffle 9% stake in the market until august. that will probably be somewhere around 70 so it will leave the swiss government with a nice profit here. overall, analysts are a bit more bullish especially that we heard the u.s. sacks has been signed yesterday and two major obstacles for ubs are out of the way. before i let you go, let me mention the swiss access data, we saw a drop of 27% from july so a small improvement compared to june when we saw a drop of 28%. that is it from zurich. >> thank you very much, carolin. the volumes are very low today. the french mngt is bouncing back after a flat session yesterday. total, the largest french oil producer, is up 2.3%. oil services, they are doing well on the back of increasing oil prices yesterday. also in good shape today, almost % higher, the dugmaker is boosted by a decision in the u.
, ppleo again, minor injuries. noe second quake 160 miles th of india's iserndth and that one prompted a tsunami warning but so far no wave reported. that's good news. >>> meantime, dozens of people are dead and four others missing after a typhoon swept through. it dumped more than 80 inches of rain in some areas. that, of course, led to heavy floodened an mudslides. floodwater swept away this entire building. nearly million a people were evacuated to higher ground. >>> that is some harsh weather. >> 80 inches. >> i don't even know in how long. >> it doesn't matter. even if it's a couple of days -- >> that's a good point -- two years' rainfall for us. that's increde in. we're looking at another hot day tomorrow. not as hot. we'll go down. no records tomorrow. no more heat advisories. that will expire at 8:00 tonight. the next three days temperatures go down. 92 tomorrow. still relatively hot. 86 on wednesday. much better, a couple of storms still possible. we'll keep thursday dry. high temperatures about 87. we'll talk about the heat advisory until 8:00. when you have a heat advisory,
into that matter tonight. >>> and from india, a picture you have to see to believe. #. >> reporter: hundreds of infants were dropped from the roof of a mosque in western india. see for yourself. >> reporter: the children mostly under the age of two are caught in a bed sheet, the families are guaranteed good health and prosperity. >> that is what you call a bouncing baby boy. children's advocates not pleased. that brings us to our friday night punch line brought to us by jon stewart. he is stunned that republicans have a claim that health care includes euthanizing senior citizens. >> rumor has it that older american citizens would be put out to pasture. >> i have been told there is a clause in there that everyone that medicare age will be visited and told to decide how they wish to die. >> actually that is a provision for hospice care and counseling. tell her, obama. >> you know, i guarantee you first of all, we just don't have enough government workers to send to talk to everybody to find out how they want to die. >> mr. president, i'm not sure you want to go with dry witt on this one. >> jo
are getting word that a 7.6 magnitude earthquake has struck near india's island. this is being felt in a number of countries. we're hearing even tokyo was shaken because of this. it's also called a tsunami watch and that watch covers india, myanmar, thailand, indonesia, bangladesh, as well. so, it could cause quite a bit of damage. we have a tsunami watch for all of those countries. it was a large magnitude quake, a 7.6 magnitude quake near india's island, but it's being felt in a number of countries including right in tokyo. they felt the aftershocks of it. >> wow. betty, there's some other news you're following right now, as well, right? >> absolutely. we want to talk gas prices making a steady upward climb. take a look at this. it's risen every day since july 21st when the national average price per gallon was $2.46. well, today it is up to $2.65, up 19 cents in just 20 days. analysts expect the price to peak as high as $2.70 a gallon, still well below last summer's record high prices. >>> and a wave of deadly bombings in iraq mass left at least 48 people dead and more than 400 i
.s. it sparked massive protests in india. what this is all about coming up. >>> having trouble parallel parking. wait until you see what this kid can do. she wants to make up. we decide to turn in early. we just know. announcer: finding the moment that's right for you both can take some time. that's why cialis gives men with erectile dysfunction options: 36-hour cialis or cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment is right. tell your doctor about your medical condition and all medications and ask if you're healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. don't drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision stop taking cialis and call your doctor right away. announcer: cialis for
countries, brazil, india, russiaa, china. russia is still one of the ones you want to be invested? i recognize as oil goes higher it's positive but russia was sort of the outlier there for a little while. >> i'd say we're most focused, you know, at morgan stanley investment management we have an investment emerging markets portfolio manager rushi sharma. i agree with him. we very much like the india story. i'm probably a little more positive on brazil. but we want to stay in the big liquid countries. and we also have a positive bias toward some of the smaller countries where we're seeing catch-up, things like turkey. but there's a lot of interesting things going on in the u.s. versus global. take china versus the u.s. right now. china's financials are trading at almost three times book. the u.s. financials are trading at one times book. and in the near term i think the chinese banks will continue to do well, but ultimately they're going to participate price the way u.s. banks did from excessive lending along the way. there's going to be opportunity we do long, we do long short, and t
night live alumnus chris kattan starring in a new ifc miniseries called bollywood hero. he goes to india to star in a movie. look at your moves, chris kattan. how did you learn those moves, by the way? >> those moves took me about seven years to learn. >> come on. >> no. seven weeks. >> you really went to india to shoot this? >> we shot in on location in mumbai, india. i went there for ten weeks. >> had you been before? >> no, it was an experience. >> quite the cultural shock. >> it was. but after ten weeks you get used to it. it is very beyond. it was intense but this was such a great, great project to do. it was just so much fun. as you said, i play a heightened version of myself. i go over there to break into the movies there. >> what do they make over you? >> in reality or on the show? >> in both. >> they're nice. they like me. i smile. >> how about in the movie? >> the movie? this movie? >> he gets the girl in the movie. >> yeah, i get the girl. it is actually a miniseries. three parts on ifc thursday, friday and saturday. >> that's not the girl you get, is it? >> no, that's the gra
in determining someone's gender. for example, the runner from india that they had cited, she has what we believe is androgen insensitivity syndrome, someone who has male chromosomes but their testosterone receptors do not work. they have testosterone but their body doesn't know that it's there. >> if you have xy chromosomes i thought that made you a man and if you have x xx you're a woman. but it is not that simple either. >> it is not that simple. it is much more complicated. the gene and the genitals and the hormones that are in your body and the identity in your mind have to be put into a mix together. in a lot of cases -- >> shouldn't racing officials already put up benchmarks? essentially they are now inva invading this person's privacy in the most public way possible. you would think race officials would have determined, all right, you need on the chromosome level you need this. on the hormone level you need this. it is amazing to me they are just now saying let's test and try to figure it out. >> i agree with you. i think if we are going to start invading people's privacy and questioning
warnings sending pan you bed residents foot streets. first quake registered a 7.6 and it hit nar india. falling debris killed a woman when another temblor shook tokyo. the two quake are likely not related and they hit about 10 minutes apart. >>> in taiwan, taiwan television says a helicopter with six crew members has crashed in a typhoon rescue mission. # 60 typhoon victims have been rescued from the area around a remote mountain village buried in a mudslide. many more are still buried. the mudslide triggered by the typhoon that dropped as much as 80 inches of rain over the weekend. in eastern china, another landslide has toppled seven apartment buildings and it is not clear how map people may be trapped. >>> divers will be back out on the hudson river this morning trying to remove more wreckage from saturday's deadly midair crash. crews are scouring the murky water. they located the small ailane and the body of the final victim inside of it. nine people were killed. divers have already removed the mangled chopper. politicians and aviation experts are beginning to brainstorm ways to pa
people injured. the first earthquake was a magnitude 7.6 in indian ocean near india's andaman islands. the second quake was a 6.5 magnitude near tokyo. tsunami warnings issued but later taken back. >>> the same state senator called for sanford to resign after having an affair and now this republican calls for sanford to resign after book in first class flights to european. and he says they are wrong. >>> police are looking for man holding a gown a woman's head during a bank robbery. it shows the man pointing a gun toward a teller and threatens to take a customer hostage. the woman was able to get away but the suspect did take some money. >>> talk about somehow getting lost in translation. secretary state hillary clinton got angry during a q&a session with congolese university student. the student speaking in french asked what president obama would think about chinese financial contracts with congo. but the translator apparently made a mistake and asked secretary clinton what mr. clinton would think. that didn't go over very well. >> you want me to tell you what my husband thinks? my h
. >> you travelled around, germany, france, india, the uk, what did you notice. what kind of recommendations did you get about how they would go about treating it? >> everybody approached it differently. several countries would have done the same high-tech procedures, operation that an american doctor recommended. much less, 1/6 of the cost, 1/8 of the cost. in britain, the doctor told me to live with it. you're living your life. not going to fix this. good care in canada, not if you're only hurt. n only if you're acutely sick. he said i'll send you to the orthopedist, it will take six to nine months. >> india -- japan, i believe, they wanted to try other things first. india, alternative medicine. herbal remedies and massage. >> that's right. we did herbal medicine for five weeks. six guys massaged my shoulder with warm oil every day. it worked. more movement and less pain out of it. and the japanese insurance system would have paid for that. they paid for acupuncturacupunc shots -- japan covers everything. that's the broadest choice of any health care system i have ever s
on health care around the world. tomorrow, india. later in the week, new zealand and turkey. and you can also find our reports online if you want to get more information, go to "lou dobbs tonight".com. >>> up next, singer chris brown will find out what his punishment will be for beating his pop star girlfriend, rihanna. we'll have the details and have that story. >>> also ahead, should religion be part of the debate over health care in this country? that's the topic of our "face-off" debate tonight. >>> and is the made in the u.s. labeled a thing of the past for clothing manufacturers? we'll have our special report, dobbs and jobs now. anyone can prove they're strong once. the real question is can they prove it again and again. ♪ at northwestern mutual, we've answered that question compellingly... for over 150 years. northwestern mutual. consistency counts. put our strength to work for you. learn how at northwesternmutual.com. dan marino influenced me and he really pushed me to get on nutrisystem. yeah, i'll take credit for peter jacobsen. introducing the all-new nutrisystem for men, f
.s. what he went through sparked massive protest in india. fans taking to the street outraged at america. what this is all about coming up. >>> having trouble parallel parking. wait until you see what this kid can do. lower your bad cholesterol but your good cholesterol and triglycerides are still out of line? then you may not be seeing the whole picture. ask your doctor about trilipix. statin to lower bad cholesterol, along with diet, adding trilipix can lower fatty triglycerides and raise good cholesterol to help improve all three cholesterol numbers. trilipix has not been shown to prevent heart attacks or stroke more than a statin alone. trilipix is not for everyone, including people with liver, gallbladder, or severe kidney disease, or nursing women. tell your doctor about all the medicines you take and if you are pregnant or may become pregnant. blood tests are needed before and during treatment to check for liver problems. contact your doctor if you develop unexplained muscle pain or weakness, as this can be a sign of a rare but serious side effect. this risk may be increased when
energy independence. >> guest: the united states could develop not just ourselves but for china, india, europe and japan if we could develop a hydrogen economy and we could return petroleum to been primarily a petrochemical feedstock for plastics unit overnight change the balance of power and you would have an enormous shift away from men as well, saudi arabia, iran, iraq, russia and that would be much healthier for the world at large. >> host: this next caller has a question about energy virginia. >> caller: mr. speaker, i have a comment and question and you just partially answered it. seems to me that high standards of living are directly related to our energy consumption and the question is, how do we achieve achieve energy along with conservation and at the same time finding new energy sources? >> guest: q2 simultaneously for things. first you go and strengthen subsidize renewals, solar, wind, and biofuels because all those are available. second, you work on conservation including composite material. ups has a new then there are expementing with that is a composite material rather
reading books about into -- india i traveled there and find it a fascinating country so i have a us the of poppies on my list and i have been collecting in the diagram green books i have a last one i have not read it say battlefield on the list for the summer as well as well as the collective volume of short stories which i picked up in a bookstore last summer. i/o is like to read the two of them together when i can . .
paper. this really funny video from india. this is a cab driver who has perfected the art of driving backwards. he does this with every single person. he had a problem with his car. he returned from a party and there was a fault where the reverse gear was the only thing that worked. this is his primary source of income so the guy was like if i can only go backwards i better learn how to drive backwards. now he can go 50 miles an hour driving backwards. he renamed the car the back gear champian. just develop new skill. >> new york taxi drivers can't even drive front way. >> it's further evidence it's the year of the indian. >> it is. >> let's go to the u.k. where this is an interesting approach -- >> i'm going to eat it if no one else is. >> you know on amusement park rides and your arms go up and you go whoo-hoo, that's been banned at a specific theme park in the u.k. because of body odor. basically they're saying is going to get hot here, up to 84 degrees. managers expect -- she's sniffing her armpit, isn't she? >> it looks like say no to bo. i wouldn't have gotten it. >> they're sa
on the ground in the institution to how do we improve the way that they were? just as in india and net they have become more active to tap the intelligence of people that worked in the institutions but also with the public that interacts with and works with government. this is why we created an open government policy making process as we thought about whether the ways we can begin to lower and the race policy impediments that make this the adoption of broadband technology by government to engage the american people we turn to the people to ask us how to do that? instead of drafting a policy then go out for comment when they come too late we actually very much like this process turn the policy making process inside out and went to the people first for their ideas and government employees about how to do this we launched-- three phase process of brainstorming and discussions of the difficult i.d.'s that we are facing and then turning to people in the last few weeks to use a color ever tint drafting tool to create the language we may use to craft open government policies to allow was to use wiki to
cheaper in places like china, mexico and india than here in the united states. are we seeing a fundamental shift in the american economy and the american job market? >> americans have lost so much wealth. we've lost $14 trillion of household wealth. one of the big things are we going to be more frugal going forward much like peep out of the depression. that's one question of the other question is what kind of jobs will come back. there's a real question whether the standard of living here is going to drop because a lot of the jobs that have been created they are not paying as much as they did in the past. >> a couple more important issues we want to tackle, extension of unemployment benefits, will middle class be taxed to pay for everything we spend money on. more after the break, stay with us. 16 minutes after the hour. busis but when i walked in here i wasn't sure what i needed. i'm not sure what i need. tom showed me how to use mifi to get my whole team working online, on location. i was like, "woah". woah ! only verizon wireless has small business specialists in every store to help you
not expect is a person who is not literate coming from india and trying to do medical, but you expect someone to a college in india that they can't afford to treat and being able to buy a ticket. that would be more of a phenomenon against the most educated -- i amongst the most educated. that would be another example. there are about 400,000 births comprising about one out of every 10 births in the u.s.. what percentage of people who are women, who arrived pregnant? -- what percentage of people or women who arrived pregnant? it is hard to get a handle on how big that is potentially. as robert pointed out, if you do not verify, which is what this new bill considers, that could grow much larger. >> i would consider the precedents for medical tourism to be quite strong indeed. in the 1980's and 1990's, we allowed elderly immigrants to come and then get on your program called supplemental security income. in fact, elderly immigrants coming to the u.s. to retire on this welfare program, it was the fastest growing element in u.s. welfare. it was absolutely unprecedented. what we found, and we had t
last week. this market is up 1.1% today. the hang seng up 1.7%. and the sensex in india up 2.4%. in terms of nymex and crude, it is up on recovery, hopes that demand could be picking up. crude at $73.80. down two cents. brent as well, down five cents, $74.13 a barrel. a little bit of a putback in terms of nymex and brent. let's cross live to tokyo and check in on the trading day from the nikkei. >> thanks, christine. tokyo stocks rebounded sharply monday. they closed 3.35% higher. verch investors were hearted by friday. the market jumped 8.4% while cannon gained 3.6%. hitting the year to date another. the nikkei reported that the firm stands a chance of pushing profit in the year ending next march instead of the projected 10% decline. >>> meanwhile, polls are projecting a landslide victory for the main opposition party. investors are even more concerned that dpj lawmakers have been calling for tighter regulations on the consumer finance industry. confirming the nikkei report, the second largest convenience store operator lawsan, and matsumotokiyoshi have announced they will f
is the national fruit of india, pakistan. how fabulous is that? i don't know why puerto rico didn't get in it? harry, get over here. >> we had mango fretrees growinp in my backyard. >> harry, i want you to juice these limes for me. >> i'm getting mango madness. i'm getting overcome. >> what we're going to do is today is i have a beautiful crab salled for the summer. i have that nice jumbo lump crab, some lime zest. i want some heat in my salad. some hall pjalapeno. >> better bring the heat. >> and to offset the jalapeno, some nice mango. going to add a little bit of salt and pepper. go right ahead and whisk -- here, whisk some olive oil in there. i have some cilantro for a nice green herbal note. isn't that pretty? we have our viniagrette. you're going to go ahead and top that. this is a beautiful salad for summer entertaining. >> and you put it in an avocado. >> i'm going to do that for you. look at you. you are totally the man. >> he's a great cook. >> right over there, flip it. how delicious is that? >> and easy. >> and easy. no mayonnaise. nice and cold and refreshing. can have it for a f
on the india business report. >> following it up from asia, down by 50 points for the nifty right now. almost over 1%, though it's recovered from the low point of the day. we were staring down by about a 2%. you are seeing heavyweight selling, beat up markets are selling off and you are seeing institutional selling coming in. so reliance industries or in gc, both of these counters are giving off a lot by way of momentum. you have counters from the entire real estate space like unitech and glenn mark pharmaceuticals, that is one count which is in focus and trade today. here is perhaps the reason why. forest labs currently says they did not show positive results in the phase 2b trials pop so any jerk reaction coming in on opening bell. the counter was down about 18 odd percent. still continues to suffer, down about 14% on last count. some bit of recovery in ranbaxy, idn and a couple of other counters which have which has sold off a bit in the last week or so. with that, it's back to you. >> ayesha faridi, thank you very much. and it's back to becky now. >> the world is focusing on the economic
with china and india, that we'll be able to understand that american workers deserve better, and that this is about the beginning of the inclusion of all workers into that economy and all people and communities that deserve to be uplifted, that this will not be an uplifting of yachts, but an uplifting of boats. today is the sound and smell of sweet jus cities. finish pleasure -- justice. >> [inaudible] >> we're doing this together. let me first say that the green the block campaign is not just a campaign, it's a coalition. and so there are already a number of organizations that have signed on to it, so it's not just the hip-hop caucus or green for all doing this alone. how we're going to do this, as i said before, this is not a green jobs moment, it's a clean energy movement, and for us we have to convince our generation that this truly is our lunch counter moment for the 21st century. and we have to go out there and convince them that if we don't make a change now, nine years into the 21st century, there will not be a 22nd century. the time is now. and so with a sense of ur
will be on display. >> how beautiful. >>> sri lanka and india teaming up with the national zoo this weekend. >> and holly morris is learning what is going on on the asia elephant day celebration. holly, good morning. >> reporter: good morning. there will be a lot going on on saturday, for you to enjoy and celebrate all that the asian elephants have to offer here at the national zoo. and they are coming over to be on tv with us to show their best sides. in the yard with me, i should say, besides these two, is tony bargeel who is the curator for large mammals. so let's talk about what is going on on saturday and the importance of the day. >> great. yeah. well saturday we're celebrating the asian elephants and there is so much to talk about here. we want to talk to people and help bring people in to celebrate with us, to talk about the conservation stories and the important research here at the zoo and in the range countries. >> and why should we care? >> well we care about them because they are amazing animals. there are only 35-50,000 asian elephants left in the wild. >> reporter: which is n
news is bullish. we forget in the crude oil market, it's china and malaysia and india and indonesia and it's asia that is now the real demand change in the energy market. we are becoming less and less important. we might be the largest user, but the greatest increases and change and rate of change in demand is going to come from there. china we have to remember is the largest taker of every raw material in the world. chinese buy suggest taking it higher. we break out above 75 and can go to 80 quickly. >> at the same time we have all been watching china this week as a leader to the u.s. markets. whatever they did, we tend to mirror that. there is concerns about china and the recovery and the pace going on. at the same time can you make the case that it is china and asia driving the surge in oil and at the same time we are fretting about whether they will continue at the pace. >> china will continue at the pace and we are more concerned about whether the stock market was a bubble and does beijing want to try to keep that from getting too hot? is the chinese economy going to be more ab
and china, india and age of the most in escaping poverty even if it meant greater hardship to the middle class, the u.s. and europe. but if you look past nationality, what is wrong with helping the poorest in the world first? finally, always hold last is an explanation of the situation you don't completely understand an accusation that those who participated in our cost the crisis were somehow irrational or even stupid. i work with these folks on wall street for ten years and i can promise you there are many things-- they are many things that they are not stupid. similarily to blame the crisis on wall street by calling wall streeters greedy to me seems to miss the point. greed is what wall street does and has always done. there is no wall street without greed. why else would someone watch his life disappear as he watched a 19-inch computer screen only to grab a morsel or crumb of profit in try to get rich off of it. greed his been in our genes for hundreds of thousands of years. the genes have not mutated so they in the last 30 years to make is more greedy. and to those behavioral econom
what is at the center of the multi-lateral system. g-7 is outdated, doesn't include china, india, and other bodies are also not as effective. and to see this coming meeting is loud to lapse is an issue. i hope in the next few weeks we jump-start this process. >> i would use your term to the bank of england directly. if you're going to be a player and regulator, you don't win, then if you're the referee and the player and you can't win, then you've got a real problem on your hands. certainly i think our fed has done a better job to say we are going to get out of qe first and use other facilities to keep the system working the best we can. >> mohammed a couple of quick crude market questions before we run out of time. back on july 28th, headlines ran that said, as you know, el-erian said stock rally won't continue with lack of revenue. el-erian selling into corporate bond equity rally. is that still happening? do you think markets have hit their high for the year? >> we position ourselves more cautiously. we think at these levels risk assets of pricing a lot of good news, not just
composite gained 1.7%. on top of 4 1/2% the day before. india's bombay sensex up 1 1/2%. guy johnson, what's happening in europe? >> mark, we are trading higher. i just want to point out that it is on staggeringly like volume. nobody is out there. just take a look at the clips going through the european market are incredibly light at the moment. so when you look at what you're seeing here on the screen, you've got to bear that in mind. i kind of want to walk you around europe and talk about the stories we're watching. in london, justice blackburn ruled today that english courts do not have the jurisdiction to force creditors of lehman europe to accept the wind-up for them. that's highly significant because pwc, pushing through that wind-up order, now says that it could take a decade town wind the assets of lehman europe. bear that in mind when you come up this anniversary which we're rapidly approaching of the lehman collapse. let's go over to germany where all the talk is about what happens with gm europe, opel. talk is this board meeting taking place today with gm. the indications are th
.5 quake hit tokyo. a 7.6 hit india ocean near the indian islands triggering a tsunami watch. >>> right now, the white house is working on a list of 50 new guidelines to measure how successful the war is going in afghanistan. our top military official there, general stanley mccrystal said the taliban is gaining momentum and we should be prepared to lose more of our troops in the coming months. the fellow for new american security. he returned from afghanistan where he served on general mccrystal's strategy review team. good to see you. glad you could be with us. >> sure thing. >>> we're talking about a report that talks about afghanistan and the possible solutions. the deterioration of the situation in afghanistan is conspicuous. general mccrystal told "the wall street journal" that the taliban is gaining the upper hand. you recently returned from there, as you said, what did you find that the situation on the ground? >> the situation is deteriorating in one sense. the other sense, the american people should understand that it's not like the taliban or the network or any of these insur jebt
that will make the difference as to what regions have the most vibrant economy. we are competing against india, china, singapore, korea. gretchen: so many people would take you to task by saying that you could use the money that you already have for education and spend it more wisely. >> we have done that. we did not produce the results by accident. we did it by targeting spending. we said, here is money for pre- k education. here is money for after-school tutoring. here is money to put a laptop in every desk in a high school. brian: newt gingrich, jeb bush, and the president all seem to agree. i think we could use something, a topic that we get along with it, rather than the friction which health-care greenspan. >> i agree. spending, if it is done well, and targeted, it can make the difference. that was my message to the legislature. they should be proud of what they have done. the appropriated the money. steve: it is always progress when we get you on the show, governor ed rendell. thank you. gretchen: a high school official now on trial for city in a prayer in school banquet. she did not ev
to small farmers in places like india. short on resources and long on demand. >> for just a very, very small amount of land, farmers can produce much more grain. >> but what about the growing popularity of organic produce? ron moore, a long-time monsanto customer, believes biotech crops are necessary to meet the needs of a growing planet. >> we'll have to use all the technology available to farmers to increase production to supply food for that population. >> a population relying on more crops for food, feed and fuel. for more "people, planet and profit" check out sustainability at cnbc.com. there's no one exactly like you. raymond james financial advisors understand that. and they have the freedom to offer unbiased financial advice designed to weather market uncertainty and help you reach your goals. no matter how lofty. raymond james. individual solutions from independent advisors. >>> a warm welcome back to "squawk box" here on cnbc, first in business worldwide.Ñ we are one hour away from the opening bell. here are some of stories we are following this monday morning. the cash for
are a growing trend in countries with electricity problems. they are expected to sell well in india where electricity supply can be erratic. the phone being told in kenya will cost about $35. similar solar powered phones will be sold soon in other markets such as asia, europe, and latin america as well. >>> there is a little bit of neverland at the california state fair. three carnival rides that were on michael jackson's ranch are now there. every friday of the fair the first 5,000 people through the gates will get a golden ticket good for a free ride on one of the former neverland staples. today is the kickoff for that event. it runs through september 7th, if you're interested. >>> happening today, the mother of caylee anthony is in court. who the accused killer wants to testify at her murder trial and who casey anthony wants to keep off the stand as the state tries to prove that she killed her own daughter. more details after the break. )$. we're keeping a close eye on the situation where the prudential center has been evacuated. this is the tallest building in the city. local affiliat
india, myanmar, thailand, indonesia, also bangladesh that is after an earthquake with the preliminary magnitude of 7.6 has hit the a ndaman islands a short time ago. this quake was centered 290 miles southwest of the capital of myanmar. again, a tsunami warning has been issued after an earthquake, with a preliminary magnitude of 7.6. we will keep you posted on this developing story. >>> divers are once again scouring the hudson river for the two remaining victims of saturday's crash between a sightseeing helicopter and a small plane. they did take a little bit of a break earlier today because of poor conditions in the river. these are live pictures of the recovery effort as it is going on. this crash killed a total of nine people. the crew is working in near zero visibility. they say they have been able to find the small plane. they are hoping to pull it out of the water some time today. also today for the first time, we are getting to hear some of the dramatic 91 calls from witnesses who saw this collision between the plane and the helicopter. here is some of that. >> yes, ma'am. >>
's rights, none of that, even gandhi in india would have gotten away if it weren't for the soviet union looming in the background and seems to me until we reach a point in which poor people are organized and willing to struggle against the fell wall street capitalists we are going to continue to see it will back of the human rights and the civil rights movement and the labor movement, something of comment please. >> host: thank you from washington state. >> guest: sean, i don't think we are in any danger seeing a rollback in the civil rights movement that transformed america. we have other groups everybody from the american indians latino, gay rights groups, children's groups who emulated the strategy that thurgood marshall used to transform the law of america and allow for a quality and inclusion. i think what you're talking about is more the economic bases and increasing class gratification we see in the united states today and i am reminded that i remember sitting with thurgood marshall and singing to him if he were a young man today going forward in your legal career what would you
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